Bitcoin Rebounds Ahead of Trump's Crypto Meeting as AAVE Leads Altcoin Gains
The crypto market saw slight gains on August 18, with Bitcoin (BTC) rebounding to $64,200. This comes ahead of President Trump's meeting with crypto executives on August 19.
Aave (AAVE) is leading the altcoins, with its price up by 4% to trade at $89. The total crypto market cap increased by 0.49% to $2.19 trillion, and all top ten cryptos except Bitcoin saw gains or losses of less than 1%.
The lack of strong gains is attributed to investors holding steady ahead of the Trump meeting and uncertainty surrounding the CLARITY Act. The bill's chances of passing in 2026 remain low at 20%, according to CoinGape prediction markets.